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What You Should Know About Building Wealth - Jobs/Vacancies - Nairaland

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What You Should Know About Building Wealth by jukekeocha: 5:56pm On Jun 29, 2020
To build real wealth, you need to do 5 things:
- Make a lot of money
- Spend less than you make = save
- Invest what you save
- Compound your investments
- Protect your wealth

Every advice I have read from books, webinars, interviews with the wealthy boils down to these steps. These steps are not negotiable. Every advice you've ever heard revolves around these steps.

Make A Lot Of Money
Also important to note that Rich =/= Wealthy. This is why it is so difficult to point to a lot of inter-generational wealth in Nigeria. We confuse riches for wealth. So we chase riches We think of wealth (a flow) as riches (a stock/quantity) so we try to stock up instead of creating channels. This is why when we say it starts with a mindset, we are not trying to........................................................

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